Taiwanese Capital Goods Undervalued based on future growth

Sunonwealth Electric Machine Industry

Market Cap: NT$23.5b

Manufactures and sells precision motors and thermal solutions worldwide.

Nan Juen International

Market Cap: NT$7.9b

Engages in the research and development, manufacture, and trading of steel ball bearing slides in the United States, Asia, Europe, Africa, and internationally.

National Aerospace Fasteners

Market Cap: NT$5.1b

Engages in the manufacture, processing, agency, and trading of various types of fasteners and construction parts and related components of aircraft and automobiles in Taiwan and internationally.